KNOT Offshore Partners LP (KNOP)

KNOT Offshore Partners LP Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	14.21	14.07	-34.33	58.67	53.88	65.23
Depreciation & Amortization	97.08	96.92	99.02	105.98	98.65	88.83
Other Amortization	16.18	16.16	13.74	2.69	3.52	2.5
Loss (Gain) From Sale of Assets	-2.05	-0.7	-	-	-	-
Asset Writedown & Restructuring Costs	16.38	16.38	49.65	-	29.42	-
Other Operating Activities	13.25	9.07	-15.84	-55.6	-23.87	18.73
Change in Inventory	-0.19	0.58	2.14	-2.16	-0.65	-0.23
Change in Accounts Payable	2.04	-4.38	5.87	0.25	0.02	0.7
Change in Unearned Revenue	4.78	6.81	-1.5	-4.68	0.76	-1.47
Change in Other Net Operating Assets	-15.31	-17.76	12.9	-4.2	4.69	-5.06
Operating Cash Flow	146.37	137.15	131.64	100.94	166.41	169.24
Operating Cash Flow Growth	13.65%	4.18%	30.41%	-39.34%	-1.67%	2.14%
Capital Expenditures	-1.09	-0.95	-2.78	-3.31	-11.54	-0.34
Cash Acquisitions	0.61	0.61	-	-32.21	-	-21.09
Investing Cash Flow	0.56	-0.34	-2.78	-35.51	-11.54	-21.43
Long-Term Debt Issued	-	60	250	167	444.3	33
Long-Term Debt Repaid	-	-182.39	-349.64	-166.61	-505.82	-92.83
Net Debt Issued (Repaid)	-118.77	-122.39	-99.64	0.39	-61.52	-59.83
Issuance of Common Stock	-	-	-	-	0.98	-
Preferred Dividends Paid	-6.8	-6.8	-6.8	-6.8	-7	-7.2
Common Dividends Paid	-3.61	-3.61	-3.61	-72.67	-72.39	-72.14
Dividends Paid	-10.41	-10.41	-10.41	-79.47	-79.39	-79.34
Other Financing Activities	-0.52	-0.52	-2.46	-0.89	-5.22	-0.09
Financing Cash Flow	-129.7	-133.32	-112.51	-79.97	-145.15	-139.26
Foreign Exchange Rate Adjustments	-0.21	-0.48	-0.01	-0.17	-0.02	0.51
Net Cash Flow	17.02	3.01	16.34	-14.71	9.71	9.06
Free Cash Flow	145.28	136.2	128.86	97.63	154.88	168.9
Free Cash Flow Growth	14.07%	5.69%	31.99%	-36.96%	-8.30%	1.94%
Free Cash Flow Margin	45.40%	43.57%	44.76%	36.45%	57.43%	60.49%
Free Cash Flow Per Share	3.70	3.47	3.28	2.50	4.09	5.07
Cash Interest Paid	63	65.7	69.3	37.3	25.1	-
Cash Income Tax Paid	-	0.04	0.67	0.42	0.08	0.09
Levered Free Cash Flow	139.75	125	133.94	114.91	115.07	126.37
Unlevered Free Cash Flow	177.72	160.63	173.08	116.34	148.2	159.47
Change in Net Working Capital	-14.66	0.93	-20.64	27.24	-3.87	5.95

Updated Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q